Haub School of Business

Academy of Risk Management and Insurance

Careers

Industry overview

Insurance and Risk Management is the fastest growing service industry in the United States with a multi-trillion-dollar market. More than 1,800 U.S. insurance companies offer personal and commercial products including health, life, and property/casualty protection. Other types of coverages include auto, mortgage, and reinsurance (i.e., insurance for insurance companies). These products protect individuals and businesses from losses resulting from a variety of causes including medical needs, accidents, theft, natural disasters such as earthquakes and hurricanes, legal actions, and many other perils.

Do you enjoy:

Solving complex problems

Working with data

Analyzing and synthesizing information

Using your quantitative and analytical skills

Evaluating and managing an organization’s current and future risk

Studying legal issues/topics

If so, you may want to explore the opportunities available in the field.

Where do people interested in Insurance and Risk Management work?

There are over 1,800 insurance companies in the US. According to data from 2005, the top five include: American International Group (AIG), Berkshire Hathaway, State Farm, Allstate and Hartford Financial Services. Check out the companies listed below on Vault.com. Vault is accessible through the Career Development Center website at www.sju.edu/careers (access code: sjucdc).